#204: Oldest Crowdfunding Site For Nonprofits Looks To Future
January 23, 2015 - Read the full Forbes article and watch the interview here: http://onforb.es/1JdGmGg. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. GlobalGiving is one of the oldest crowdfunding sites on the web, having been launched half a decade ahead of industry giants Kickstarter and Indiegogo. GlobalGiving is a highly curated platform–an application process is used to screen fundraisers–that services only nonprofit organizations. CEO and co-founder, Mari Kuraishi, explains its vision, ”The whole reason the GlobalGiving community exists is not only to connect local world-changers to people around the world who have funding to support them, but also to provide access to information, ideas, and tools so that nonprofits can use their funding more effectively. We’re so glad that the GlobalGiving network is becoming so valuable for vital organizations that would otherwise not have access to corporate or foundation funding, or resources like donated smartphones and a custom-made app.” “The full promise of crowdfunding lies in the crowd, not the funding. Mission-driven crowdfunding platforms have the ability to leverage the deep networks they’ve created to crowdsource not just money, but also world-saving information, ideas and connections,” she adds. Kuraishi is working to increase her platform’s impact on the nonprofits it serves. “The next decade at GlobalGiving will be about helping every single organization on our crowdfunding platform by providing the tools they need to work smarter. Every week, some 40 percent of the partners we work with log into our system – think of us as a laboratory where thousands of non-profits worldwide can come and test new tools to improve their effectiveness. And like a real behavioral lab, we can offer incentives in the form of access to different funding streams. This combination of performance improvement with funds offers us an opportunity to engage non-profits to learn with us.” Please consider whether a friend or colleague might benefit from this piece and, if so, share it.